The first table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 31 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Canary Wharf region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
31 Jul 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank - 45 44
Contract jobs citing Credit Derivative 0 1 2
As % of all contract IT jobs located in Canary Wharf - 0.36% 0.59%
As % of the Miscellaneous category - 0.74% 1.46%
Number of daily rates quoted 0 1 1
Average daily rate
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- £575 £600
Average daily rate % change year-on-year
- -4.16%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
45 135 137
As % of all contract IT jobs located in Canary Wharf 37.19% 48.39% 40.41%
Number of daily rates quoted 13 93 98
Average daily rate £450 £600 £550
Average daily rate % change year-on-year
-25.00% +9.09%
90% offered a daily rate of more than £220 £425 £475
10% offered a daily rate of more than £550 £700 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 7 0 1
Average hourly rate £18.00 - £23.50
UK excluding London average hourly rate £21.00 £21.00 £25.73
% change year-on-year
- -18.38%
Credit Derivative
London

Credit Derivative
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend in Canary Wharf

Credit Derivative
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the Canary Wharf region.

Credit Derivative Daily Rate Trend in Canary Wharf